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to additional jobs as more successful economy for everyone. by the way, we can look back in history and see in 1968, for example, the minimum wage in real dollar terms or in fixed dollars terms would be $9.44 now. and the unemployment is less than half of what it is today. the notion that minimum wage destroys jobs is disproved. and when you think about it, the common sense that says people at the lower end of the income spectrum are going to spend the money that they make, that will create jobs and will be good for everyone. >> low wage workers as customers. that's where i want to come back. we'll take a short break with our guests and we'll be back. this is inside story. >> fault lines investigates... fracking >> shale gas development could actually double the economic growth rates in the province. >> this is our land for thousands of years... >> do you drink money? you must have a lot of money to drink... >> as tensions rise, and protests turn violent, where will the debate lead? >> the situation was no longer peaceful or safe... >> they were bashing my head with their boots... they had
for the goods in china and other nations. the cap the world's economy humming. it may not work that way anymore . a rebounding u.s. is giving less support for you -- for global growth than it has in the past. the smallest u.s. current account deficits since 1999 shows the trend and the discovery of new domestic sources of oil and gas, it reinforces this issue. the country is spending less on imported energy." you can read the full story on bloomberg's website. the front page of "the pittsburgh post-gazette" -- a look at some of the victims from one year ago and a story that will likely get a lot of attention in the week ahead. this is from "the detroit free press" -- you can get more information by logging on to freep.com. next is robert from massachusetts. decline andre in the reason is because we, as a viewed -- when the world our opinion not to go to war, we would not go with our allies. we are ia country that has of thed because one world sees our moral fabric has declined, that is a decline any way. when bush stole the election world looked the --it is not a has way we go about the world.
%. >> these changes are huge, for the american economy and the american people. >> for more on the battle over youamerican health care, do think that president obama made a persuasive case to the american public that health reform has happened? >> i think he was trying to focus on why it is important and what it means for a lot of people. he has done this before, of course, by saying that nobody should have to choose between putting food on the table and taking their kids to the doctor. it is a powerful argument. his probably most powerful argument was saying to the republicans, ok, you haven't liked it, but you don't have anything to put in its place. it will who have it, particularly those on medicaid, the health care for the poor, won't want it taken away from them. it still remains to see if people find the process so painful that they put it off. and if they don't like what they get, is it an improvement? >> my impression is that they are lead -- they are breeding something of a sigh of relief at the white house. they are alsout treating the patients so much so that they want them out of
to the new economy, even in a period of economic growth, has not delivered the kind of employment that's necessary to sustain the economy. so i ask if any of you might comment on how the loss of direct support for 1.3 million americans in the wealthiest country ever imagined on the planet at a time of record profits by corporations can somehow be acceptable when you have cities like flint, michigan, or saginaw, michigan, that continue to struggle to try to connect their work force with the next economy. to me, this just seems like an affront to all that is good and right, and it's not something we ought to stand for. finally, i just want to say thank you for helping members of congress who ought to understand that this is just not economic data that we're looking at, but this is a decision that'll literally affect the lives, health, and well being of millions of americans and the fact you're willing to come help make that case is something we're grateful for. thank you. >> thank you, chris. why don't you begin and we'll get to the other direct questions. >> thank you so very quickly, c
, subsequent roads, transit and water investments helped fuel our economy and tie the nation together. more recently, the failure to address long-term funding has also been bipartisan. the bush administration ignored strong recommendations from their own private sector experts that they impaneled to give advice. although the obama administration did request and employ some modest funding in the recovery act and has proposed an infrastructure bank and talked extensively and i think sincerely about the need for investment, what has been lacking has been a specific concrete proposal from either party to address infrastructure financing in america. while the political maneuvering has secured here in washington, the gap in the highway trust fund has been growing and conditions of our roads, bridges and transit systems have been deteriorating. this puts america at a competitive disadvantage, complicates the movement of goods and people and contributes to congestion and pollution. at the same time, the needs grow, the resources are in significant decline. the gas tax has not been increased since t
and the economy. the data now raising concerns over what can still be accomplished in his next few years as president. joining us now is our political panel angela mcgrewen, fox knew political analyst, and ronow molono. the president used to enjoy euphoric ratings. now his approval rating is abysmal on all kinds of issues. so ways happening overall? why is this happening? what kind of take do you look at this -- what prism do you look at this through, angela? >> the bottom line is this. are you better off today than you were four years ago? most americans that elected this president yet again, now they're having buyers remorse, because most americans are not better off. if you look at the unemployment rate at 7% but for the black community, last check, it was 13%. the hispanic community has not lowered that much and for women and young adults, if you have a college degree, kelly, most people don't have a job today, so people are looking at this situation and though the president is a great orator, a great politician, motivational speeches do not make a more prosperous america. >> when yo
sure our economy works for every working american. it's why i ran for president. it was the center of last year's campaign. it drives everything i do in this office. and i know i've raised this issue before, and some will ask why i raise the issue again right now. i do it because the outcome of the debate we're having right now, whether it's health care or the budget or reforming our housing and financial systems. all of these things will have real practical imply cage for every american. and i am convinced that the decisions we make on these issues over the next few years will determine whether or not our children will grow up in america where opportunity is real. now, the premise that we're all created equal is the opening line in the american story. and while we don't promise equal outcomes, we've strived to deliver equal opportunity. the idea that success doesn't depend on being born in to wealth or privilege, it depends on effort and merit. with every chapter we've added to the story, we've worked hard to put those words in to practice. it was lincoln a poor man's son who star
difficult to forecast exactly one that is going to be. in part because the economy is -- it is a little bit more strong. as a result that extends the time in which the treasury -- atment can do things some point congress is going to have to do that. i suppose the earliest it could possibly be is february. it is much more likely that it is sometime in spring or the beginning of the summer. then you are going to get the debate over -- we should look at tax hikes, changes in entitlement. it is hard to see how they are going to get any agreement on those areas. particularly in election year. the house is expected to adjourn for the year on friday and the senate shortly after. a lot of high-profile legislation still hanging in the balance. it is the list of what is likely to make it through the 113th congress. i think the only thing that is likely to get through is the defense authorization act. will see what gets included. one thing we will be watching is to see whether any legislation sanctioning iran is added to that bill. the administration is doing everything it can to prevent congress from
the larger part of the economy? >> if you have young people living with relatives and friends, couch surfing, renting instead of buying a home because they don't have the money to do that or the credit built up to do that or have bad credit, that pushes back the time line where they can buy a home and if they do it at all. it also had a big implication for consumer spend coming is the biggest part of our economy. if people are earning less over their lifetime they will be buying and consuming less. >> so everything gets pushed back down the line. >> exactly. >> i'm wondering if the way we thought about these jobs for young people that it's over. that these jobs have been taken by two or thee of these jobs to make up for a salary they had once. they are take care of their families with what we thought of as kids' jobs. is this a new normal? >> the hope is as the economy improves and was get higher demand as companies see a need to take on more workers they will do that and it will open up the lower entry level jobs for the people who have typically had them. the great recession caused a lot o
market in kabul did a roaring business. foreign aid and investment poored into the economy. african was making money. now it's busier than ever because of increasing anxiety about the local currency. the president of afghanistan is still refusing to sign a security pact with the u.s., meaning some foreign forces remaining after 2014. willions of dollars in aid remained. without that, the economy is expected to collapse. that delay is causing fear in the business community. >> if it is not signed people will be panicked and it will affect the economy. people are running away. our businessman are worried. >> as afghans panic and exchange their money for u.s. dollars the afghani is being devalued. in a country where food is imported, prices are going up. >> ordinary markets like this ordinary afghans come to spend their money. most tell us that food prices have gone up. that's because those selling the food here in dollars. the exchange rate here has never been so bad. >> in a few short weeks the price of these sacks of fleur rose 10%. this woman bought one. >> translation: prices are
louisiana, and whose in policies ignore everything we've learned. is have been a good healthy economy. that's the sad fact. first of all, there was no new flawed planted in the ground. he's been talking since the moment -- actually since he ran for president. to balance the budgets in a response way, reduce the deficit. those are precisely the things that he accomplished, so i'm pleased to know you agree. >> the difference quite simply is after five years, he still has not learned how to reach across the aisle. he was willing to sit down -- >> i've said this before, and i guess this is a tribute to you. you were a different kind of speaker. you were able to bring your caucus along, and get things done. >>> congressman, i'm sure you have a lot to respond to. >> yes, i do. very specific question. u ubs. >> do you great deal that inequality is a problem? >> yes, it's getting worse. you would think they weren't in power. the fact is the democrats have the house and senate. they did a $787 billion stimulus plan, the cash for clunkers, all these things that didn't grow the economy. they exacerbat
and calm. >> hard to react when you're panicked. calm make sense. randall. thank you. the u.s. economy is growing, but so is the income gap between rich and poor americans. president obama addressed the problem. >> the lack of upward mobility that has jeopardized middle class america's if you work hard you can get ahead. this is defining of our time. making sure that our economy works for every working american. >> the president did not propose any initiatives during his speech. but he said a rapidly growing of deficit opportunity is a bigger threat than the fiscal. we'll go to danny, professor of economics, great to have you back. >> thank you. >> a pleasure, you heard just a moment ago, america's dangerously growing income is defining the challenge of our time. is the president correct, or is he, as some would say, overstating the income inequality and wealth gap argument with that kind of a statement? >> no, if anything there is an understatement. he's absolutely correct saying that it is a defining problem. and this problem has just--it has been exacerbated by global pressures. it
start to negotiate the best stands for the treat jar ukrainian economy live to one doesn't know what the words when we see you we want it back to times for me and we wanted to intensify all. this agreement is to be signed it was in the fall and it will be necessary to comply with the stunts. haiz co was not welcomed by all stations jesus. they hope to summon enough punishment revolts on tuesday to oust the cabinets. you are gentle called reached justified its decision by saying that ukraine could in the photo great treats aren't sweet to watch. he estimates showed about forty five cents of ukrainians support posts but integration with the eu. but that was ordered as favoring the most part sweet to watch bulls coach point two brackets you with the eu by finding some new ukrainian imports and a quick single trade sanctions. in two thousand knowing dispute between kiev and moscow on gas prices resulting gas being cut off to the ukraine for a three week period the general cctv transmission out to thailand anti government protest leader says that the attacks obama said on tuesday that he
emergency jobless benefits. this, after friday's strong jobs report showing the economy added 203,000 jobs last month, sending the unemployment rate down to a five-year low of 7%. rick tyler, senior vice president of the strategy group and former spokesman for former house speaker newt gingrich. ellen ratner, talk radio news service bureau chief and fox news contributor. here now to talk about this. good to see both of you. >> thank you. >> good to be here. >> of course, more people working is always good news. do you think we need more placement, though, in jobs that are paying more than minimal wage or are more stable than part-time jobs? if so, how do we get there? >> we certainly do. part of the way we can get there is by developing more infrastructure projects because our infrastructure is crumbling in some places. certainly know the bridges and roads are doing it. jim pinkerton talks about this project he's got going. there are ways we can get these higher-paying jobs. every time there are people who make more money, they put more money into the economy. so that also stimulates the e
. there is a structural change going on in our economy as we speak. joining me now to break it down, former chief economic adviser to president george w. bush and a hoover senior fellow. welcome to the show. you know, every time i see something new you know, amazon drones delivering a package, i see automated checkout at the cbs on the corner. i think that jobs have disappeared and are going to continue to disappear, and they are not coming back. am i wrong? >> you are not wrong. that is a correct observation, but it is n observation that is not unique to this particular time frame. you mentioned structural change, and there has been a structural change, and structural change has been occurring for a long time. if you go back to the 1950's, we have about 35 percent of our workforce is unionized, and manufacturing for the most part. and then if you look at the numbers, say in 2007 the number that just precedes a recession, we had about the same number of people, 14 million in manufacturing in the 50's, 14 million in manufacturing in 2007. but we were producing six times the number of goods in 2007 that we
is coming to the table. iran's economy is in shambles. they were intended to force iran to the negotiating table. so the negotiations could stop progress toward a nuclear weapon. the sanctions were not intended to stop them from being able to accumulate. they were intended to break it back economically and forced into the table. that is the evidence i have. we need them at the table. we need them to agree to a different course of action. this is seeing the growth in centrifuges and pushing them further and further down the line toward developing a nuclear weapon. we need to change that. that is what the negotiations will lead to. >> your thoughts on that? how confident are you that a long-term deal can be reached? everybody says it will be extremely difficult. do you think they will want to reach one? will it be too tough to pull off? >> i remain skeptical because of all the reasons you stated, the lack of trust between iran and others. i do not trust iran. they have been up to some very bad behavior, supporting terrorist groups, moving toward a nuclear weapon. i am not just going to say i
on the economy. investors, not all of them, rejected that good news on wall street. we will be talking with moody's chief economist john lonski. it's not just the mullen isles, americans just don't trust each other anymore. we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do next as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right trac
. >> the wall street journal sayss the president is moving left on ththe economy to cover up t failures of obamacare. income inequality was enough to get the yor of new york elected. >> income inequality is a reality. you can't argue about it. it is deningng. the realality is, first of all that the financial sector of the country has gotten bigger and more important anand has bier slice of thehe pie. basilly we are responsible for alall of the pain and all of the dislocation american suffered in the financial crisis and d has done this well since that time. the median incncome, household income, has leveled off or even fallen. the president t is speing the truth. one could say because of health care, whwhatever. this is the central question of our time. if you take american mobility, which s fallen, that somebody born to deprivation, the opportunity and education to rise, we are less abable to do that then were. we have to reclaim that appeared -- that. >> i think we have to back to something else, obama took office and literally wasted two years doing almost nothing while median inc
's everyday reinvesting for your personal economy. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is. 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. i have a great fit with my dentures. i love kiwis. i've always had that issue with the seeds getting under my denture. super poligrip free -- it creates a seal of the dentures in my mouth. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. super poligrip free made the kiwi an enjoyable experience. [ arlie ] try zinc free super poligrip. >>> i'm harris faulkner. this is "the fox report." it is the bottom of the hour. if you're joining us, an american u.s. veteran jailed in north korea is finally home tonight. 85-year-old merrill newman says he tried and he's tired and rea
the booming american economy. i'll ask the man who presided over great growth and some critics charge also helped create many bubbles. former fed chair, alan greenspan. >>> and as we approach the first anniversary of the new town massacre, what can the u.s. learn from other nations about gun policy. i'll take you to japan for a fascinating look at a nation that loves violent video games but has a gun death rate that is very different from america's. it's a preview of a gps special airing tonight at 7:00 p.m. eastern. >>> but first, here's my take. when nelson mandela was released from prison in 1990, i remember being struck by how old-fashioned he seemed. he spoke with the language cadence and manners from the 1930s, 40s and 1950s. he reminded me of the great national leaders of the post colonial world who led their countries to freedom. he had the same way of speaking and dressing, the same dignity and bearing, the same sense of history. and mandela was a throw back to an early time. who changed the course of history. 27 years in prison had kept intact his manners, but also his morals. hi
/3 in that pew survey believe americans view greater involvement in the global economy is a greater thing. meaning when america is a strong country it's better for the world. >> we have seen that throughout history. and when we see economies like china coming up it's important to have our own economy keep going. people like to complain about america, but when something happens in the world, the philippines, the typhoon there, when something happens in the world guess who is the first country to go, the united states military and the charities. we are divide as a country on political lines. republicans and democrats are split on how they see our influence in the world. the democrats believe the president has broken his promises. he said we would leave iraq, afghanistan and close guantanamo bay. republicans are saying don't be apologizing for guantanamo bay when you are on foreign tour. bill: what do you think the apology tour did to our view of ourselves in the world? >> when you have the president of the united states going over to other countries and telling countries that we are the one
, the economy is coming back. so many americans left behind. we'll taken to debate of inequality and fair wages. and james carville and mary matalin join our roundtable. >>> and a once-in-a-lifetime interview with nelson mandela from our archives. >> they were very harsh. and then i responded to my colleagues that look, we must fight and fight from the beginning. >> his secrets to survival in our "sunday spotlight." ♪ [ daughter ] my dad always talks about the deal he and mom made with me when i was ten. he said, "you get the grades to go to college -- and we'll help out with the schoolf your choice." well, i got the grades and, with dad's planning and a lot of hard work, i'm graduating today with a degree in marine biology. i'm so thankful and excited about the future. [ male announcer ] for strategies on how to help your family achieve financial success, visit pacificlife.com. on how to help your family achieve financial success, every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy
close friday, they ended what was a pretty big week for the u.s. economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up looking for work and weren't counted, but the opposite seems to be happening. it's added more jobs since 2005 and the gains are not in low-wage sectors. a lot of hiring in health care, transportation, professional services like accountants and travel agents. wages are also up and americans are working more hours. the list goes on. the report pushed the dow up nearly 200 points friday. wall street is thinking the federal reserve will reduce the stimulus program soon. certainly a sign the economy is ready to stand on its own two feet. but remem
a floundering economy. there is one area that can help break the logjam, not solve all our problems, certainly, but help us significantly along the way. congress should address the critical needs of our nation's infrastructure deficit. roads, bridges, transit systems are all increasingly at risk. we are facing an inadequate state of repair, construction of new facilities are on hold and we are losing ground in meeting our own needs, let alone the challenges of global competition. yet, this challenge is an opportunity for some potential progress. we know what to do to meet this challenge. we can write a new transportation bill that will meet today's needs. it just needs more money. there is a vast coalition that supports additional resources for infrastructure. the so-called special interests that are so often at odds are remarkably aligned when it comes time to recognize and fix this problem. business, labor, professional groups, local government, environmentalists, truckers, bicyclists all agree. the paralysis that surrounds questions of raising taxes does not necessarily need to apply in thi
news on the economy. investors, not all of them, rejected that good news on wall street. we will be talking with moody's chief conomist john lonski. it's not just the mullen isles, americans just don't trust each other anymore. we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do lou: let's take a look at the global hotspots that are not cooling. in afghanistan, president hamid karzai shutdown secretary john kerry's suggestion that the united states could rcumvent through famine have afghans defense ministers on a security agreement that would allow u.s. troops to stay in the country past next year. the spokesman of hamid karzai says he would not promote any of his ministers to sign in his place my certain demands are met, including a demand to change miliary operation. any major blow to hezbollah. one of its top military leaders gunned down outside of hishome in a bu
economy is improving. we have doubled our production of clean energy. doubled our traditional energy sources. we are on the brink of being as close to energy independent as any country our size could be in a very long time. we still have the best universities and companies on earth. we're the envy of the world. so i continue to have great confidence in our capacity to solve our problems. there is a specific challenge that we've got. that is a congress and this city, washington, that is gridlocked and spends too much time worrying about the next election and not the generation. the solution to that is ultimately what was envisioned by our founders. and what jack kennedy understood as well. and that's the american people. we go through these periods where our politics gets all bollucks up. the truth is when you look at our history, there's been a lot of times where congress gets stuck. but the reason we get through it is the american people have good instincts. if over and over again they see we're not addressing the core problems we have, eventually they will put in place folks who ar
are furious about the failure to sign a trade deal with eu and turn to moscow to save the economy. >> translator: i want a new government that listens to the people and doesn't treat us like animals. >> translator: we are here to fight for our rights and our kids are brought up in a good country without corruption and where everything is fair. >> reporter: the crisis here is reaching a crucial moment and he believes he can survive with moscow's help but they are ready for a long fight to achieve aims and i'm tim friend with al jazeera. >> leaders lack constitutional power to oust the government before the presidential election in 2015. a riot breaks out in singapore's little india district after an india national was struck and killed by a bus. crowds attached police and set cars on fire and dozens were injured and 27 people were arrested. it was singapore's first major riot in four decades. and the president of venezuela won half of the elections on sunday and held control in the oil city and the capitol caracas and inflation is 54% and power outages and shortages of necessiti
the future of their economy. >> reporter: for more than ten years the money market in kabul has done a roaring business. foreign aid and investment poured into the economy, and afghans making money honestly or otherwise, traded in foreign exchange. now it's bus yeser than ever because of increasing anxiety of the local currency of the afghani. the president of afghanistan is still refuse to go sign the security pact with the u.s. that would mean some foreign forces would remain after 2014. but billion dollars of aid would remain. with that the economy is expected to collapse without that. that is causing fear in the business community. >> if it is not signed then people will be panicked and it will effect the country. it is disappointing and our businessmen are not investing. people are worried because they cannot work confidently. >> at afghans panic and exchange their money for u.s. dollars the afghani dollar is being devalued. where much of the food is imported prices are going up. >> reporter: this is where afghanis come to spend their hard earned money, but food price versus gon
away from a drug economy. to a more diverse and traditional egrarian type of economy. so we put in place the road map opportunities. will the afghan people be able to achieve it? much will turn on their governance and their own leadership. but we have laid that opportunity in front of them. i don't think we can back away from the necessity to continue assisting. canada has committed $100 million ongoing. and there is an old legal maxim that says once you start to render assistance, you have to continue. you can't let somebody drown. and i think the international community does recognize that. and also that the stakes are high. there are many, as is the case ongoing, in syria that are playing in this particular part of the world and st needs to win. there needs to be an ongoing and lasting stability in that country, and in that region. >> let me ask about the security conference and you were the founder of this event, in hall fax, and has it developed the way you expected and where do you think it is going to be five years from now? >> well, i'm really proud and i'm humbled the b
with stakeholders from all areas of our economy and with the administration and the courts to ensure an open, deliberative thoughtful process, we held several hearings and issued two public discussion drafts in may and september of this year which led to the formal introduction of the innovation act in october. i believe that it takes the necessary steps to address abusive patent litigation. abusive patent litigation is a drag on our economy. everyone from independent inventors to startups to mid and large-sized businesses face this constant threat. the tens of billions of dollars spent on settlements and litigation expenses associated with abusive patent suits represent truly wasted capital. wasted capital that could have been used to create new jobs, fund r&d and create new innovations and technologies that promote the progress of science and useful arts. and that's what innovation is really about, isn't it? if you're able to create something, invent something new and unique, then you should be allowed to sell your product, grow your business, hire more workers and live the american dream.
that the implementation of the copper has a plan on finding great economy is a priority. the long term program of the house and modernization should be beneficial for all people ahead of the government said that the people should have favorable conditions to dissipate in the program today. oh also instructed to strengthen control for the integration within the customs union. a common economic space in the world trade organization. this has been extended russia and model roos will have equal access to the chairman's since january first of two thousand fourteen as a part of the common economic space electronic for kim and procedures were determined as the main format of state quarter receipts in the compliance with the international agreement experts and business men discussed the special characteristics of the upcoming innovations in minsk the to kim and budget of the common economic space stanza two hundred billion dollars. experts believe that electronic format of the procurement process will ensure transparency in equal access. still when it is awesome it's the spiny dual seat. today the ec
'll be right back. as your life changes, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ >>> okay. live look at capitol hill as the sun has yet to come up. here with us director of the earth institute, economist jeffrey sachs. we have sacks and rattner. >> heck of a "new york times" article, obviously the sort of things you've been talking about for so long. >> everyone is talking about them now. you know, we went for so long without discussing these realities now. everyone is opening their eyes. an
into the economy and a afghans making money, it's busier than ever because of increasing are anxiety because of the local currency of afghanis. billions of dollars in aid would also remain. without that, the economy is expected to collapse. that delay is causing fear in the business community. >> if it is not signed, then people will be panicked and it will affect the economy of the country. people are running away. people are disappointed and our businessmen are not investing. money dealers are worried because they cannot work confidently. >> as afghans panic and exchange their money for u.s. dollars the afngafghani is being devalued. prices are going up. it's in markets like this where regular afghans come to spend their money buying food. price he have gone up significantly in in the past few days, that's because those selling the food buy it in wholesale in dollars, they find the don't bias much food that the exchange rate has never been so bad. >> in a few short weeks the price of these sacks of flour has risen 10% traders say. >> the prices have become so my before we could buy when it
in one of the southeast asia's largest economies. demonstrators are looking to topple the government and the current prime minister after accusations of corruption and abuse of power. the u.n. has closed its offices in bangkok warning foreign travellers to stay out of the streets. >> afghanistan president karzai is accusing the u.s. of holding back fuel and other supplies. he said they are holding back supplies in an attempt to pressure for him to sign the agreement. >> from the "los angeles times" officials say speed may have been a factor in the crash that killed actor paul walker and his friend over the weekend. according to police the "fast and furious" star left a charity event. witnesses at the event said they heard a loud boom and saw smoke. walker was in the middle of gaming "fast and furious 7." walker leaves behind a 15-year-old daughter. he was 40 years old. >> really. isn't that bizarre? came from a charity event and he gets in one of the cars and the guy drives off with him -- >> he was the passenger in the car. >> passenger in the car and runs into a pole and blows up.
. the private sector has updated a lot of aspects of its compensation system to people across the economy. is thet there opportunity for sin changes that would go along the lines of making it more effective. thank you for joining us this morning. that is all for this edition of "washington journal." be sure to join us tomorrow at 7:00 a.m. eastern. >> hello! [applause] journal@c-span.or [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] collects the u.s. house is back in session today. they begin the day at noon eastern with morning hour. legislative work will get underway at 2:00 with one bill requiring the justice department to report to congress on child abuse in each state. we will have live coverage of all of today's action with members gavilan. while the houses meeting, c- span2 will be live with financial regulation. enterse meeting at the -- enterprise institute or they will have an limitation of the dodd frank law. >> i got upset. they covered my mental health work. the first few meetings i had. then they never showed
. caller: good morning. host: you are on, go ahead. said, theye he just .ay and could boost the economy so i agree. but at the same time it is not for sure that this is what they are going to do. promises, promises. what they're going to do, what they could do, how but given the -- they try to schedule trips to out-of-state. we want to go and explore the regions outside planet earth. we overhear her -- overhear hurting. you know, but i mean -- the i'm going to say it like this. more tightening up. alright. what the heck? twitter --f web talksat's on the about a concert that used drones to deliver beer. it says -- dominoes even floated the idea of testing pizza delivery. it says -- most of the responses to this amazon ising that thinking about a drones system that would deliver packages of a certain weight in about 30 minutes. you saw video of that, which sparked some of the reaction, even to the point of legislators. we want to get your thoughts on commercial uses of drones in the united states, if you would support or oppose that. on your screen. lauren is on our for those that supported.
. try campbell's homestyle soup. >>> the latest jobs report shows good signs for the economy. the unemployment rate dropped to 7% in november while 203,000 jobs were created. down from october's unemployment rate of 7.3%. these numbers come as many job seekers are preparing to take the traditional pause in their hubt for work in time for the holidays. but that may be a bad idea. john challenger is the ceo of challenger, gray and christmas. zachary karabell is a cnbc contributor. he's a writer as well. he's written a book as well. john, let me start with you. many folks put off their job search during the holidays thinking that companies don't hire during this time period. why is that not the right thing to do? >> first of all, the data doesn't support it. last november, over 4.66 million people found jobs in november, just slightly down in december. so it is a time when employers especially in this kind of 24/7/365 business environment we're in, they're always hiring. they always have issues. so the last thing you want to do is put your search on hold. the very fact that a lo
/2 year, 57.3 would suggest the u.s. economy is gradually regaining momentum. and on the currency markets, dollar/yen now up to 103.08, up to fresh six-month high on dollar/yen. euro/dollar, just below the 1 .36 mark we were at on thursday and sterling just back from that 1.64 of 11.6 1.6384. the aussie is the second worst performer after the g-10 in the currencies. australia's central bank says the country's currency is still uncomfortably high. those comments sending the yield down further. little urgency for more rate cuts. policymakers keeping them on hold. earlier cuts are still taking effect once inflation is tamed. joining us with his thoughts, may bank in singapore. andy, thanks for joining us. is the aussie/dollar going to get weaker? >> i think generally if you look at the markets, you look at the options site, it looks like we're probably going to see a bit of saturation on the short aussie. you're probably going to see a limit about the 90 levels. but our view is tapering in the first quarter, probably first quarter of next year, it may go down to about 88 cents against the do
-existing conditions as a discrete problem. you don't call for remaking one-sixth of the economy on the grounds of experts who think in washington that in 20,000 pages of regulation they will remake as complex an eco-system as american medicine. that was the wrong approach from the start. it's a principled position to say it won't work. it cannot work. let's do something else. >> charles krauthammer, great to see you. >> pleasure, thank you. >> up next, the gop campaign lessons on how to talk to women. is that necessary? >>> plus, a bus full of kids so out of control they had to call the cops. wait until you hear who got in trouble. >> [ bleep ] focus on what you're doing. what if you pushed the bus over or hit somebody. you think it's [ bleep ] funny? look at me like a man. you want to grow up to be a man? look at me like a [ bleep ] man. ♪ ♪ [ male announcer ] the mercedes-benz winter event s back, with the perfe vehicle that's just right for you, no matter which list you're on [ santa ] ho, ho, ho, ho! [ male announcer ] get the all-new 2014 cla250 starting at just $29,900. [ male announ
as an economy in growth and per capita terms that all of the major economies for a system that delivered less effective outcomes for a smaller percentage of our population. in short, quoting somebody i know well, we were spending more each year and getting less. our economy suffered, families suffered, and all of it was unnecessary. as president obama has said, fighting to deliver quality, affordable health insurance and the security that comes with it to every american is paramount. this is about making sure that everyone in the united states gets a fair shake, and it's about the economic imperative as we continue to rebuild our economy and build a better bargain for the middle class. that's what the affordable care act does, by using touchtone american values of transparency and competition to improve health care protection, and affordability to those americans who already have insurance, and to provide new affordable care options for consumers who either don't have it or want to switch their insurance. we finally put in place real solutions that have been at work for generations, and we wi
coming over here and competing in the gobble economy. education is at the core of this and goes to connecting that bond that has been broken. >> you have all this evidence that's truly offensive. take the detroit pension ruling. so we know what the ruling was and we know what the effect may be on people's pensions. they will be cut. city employees, firefighters, no matter how the pension deal was cut years ago the pensions will be cut. but before the pensioners receive their pension who gets paid first? the bond holders, the banks, the big boys and then, then the pensioners will get paid. there's something just deeply flawed with what's been going on in this country and it's not one party or the other, it's the whole system and it's a couple of decades that it's been going on. >> there's a suspicion the people who have been having these massive hikes in their compensation packages are not reinvesting necessarily in job growth and productivity. they are actually -- it feels to a lot of americans on main street like funny money, it's getting recycled, reput into investment funds t
six million people work in the industry. so with the show became the economy is extremely important the bnp does not combine has no plans to take part in the january elections but unless it's trying to sabotage the elections but painting on its last two strikes. this is you can see now what to think of the kids said that the bnp which can be but just as the pakistani forces had done in nineteen seventy one the decision not to protest. the icicle exposes it to the fact i did not demand that the us. no reductions would mean intimidation of posts article fifty seven of the constitution and that is as in something similar to what happened in two thousand and seven. in the country has to include two just been posted to an agency with a chinese dish. i had the coolest living and dying imposed upon the cia does it claim ten hundred seeds of destruction. this is independent of all of it to me to change it. sayed mohammad it to him said that the heating up the step isn't too different identities and different than it does of success and fabian. in my view. included in the grip of another. an
's economy. this european union officials and heads of european states tried to explain the advantages of european ambition to lead opinions too late the main even if you are ukrainian products that will be able to penetrate the european market. he's only one explanation for that to me that it would be none indeed the philippine market he's nice and very protected markets. and it is actually the ukrainian market that's your real needs particularly in big time golf in economic crisis has so it is said to please you as an extension called the european market will the protests is was impressed by the ukraian president's promise to re start discussions on the eu trade deal which of course lies at the root of all the unrest has taken a bit of a situation has unfolded over the pos couple of weeks ago began in the kiev on to them and to the festival for the government said it was suspending a major trade deal with the eu. iran is on the capital's independence square last another week with several thousand demonstrators and police occasionally engaging in scuffles on friday nights however secu
of political economy and policy tell the ball you integration the brink but the crank and the eu. it may appear attractive to the protesters but i don't think the long run it's going to serve the ukrainian people well to become part of an enlarged european union which is by the way. the theory kind of strong new liberal trajectory so what's the more social the people are looking at me think about the european union is one which is being euthanized as we speak the people see that the people in the eu be paid in full the tutors holocaust until the big toe. what a great market that be for you could get a few craig comes close to it. because the sole significant mackenzie credit so that one of the book out west is the money for that well i did but people certainly are not. i think that's in the usa when you hear about. brittany here but from cheer to everyone who when to cut down home but said and that benefit increases the cold but it right you'll see him the people of course. and that will constitute a veritable to carry people who live a very precarious existence. in theory couple will le
'm the reason is lydia. or they the greek economy has shrunk by niemi fortune since two thousand and eight. repeated rounds of lost every t have squeezed households percent unemployment to record highs the two thousand and fourteen great budget has not yet been approved by the trike can quickly get the amended with new austerity measures. one is of the creek governments the safe pompidou is he pays it's been a one month since the devastating typhoon ions that to the philippines and claimed the lives of five thousand seven hundred people life in some parts of the country is slowly getting back to normal. in the worst areas like the club on normalcy is nowhere in sight but he's still been uncovered on a daily basis and construction worker is going on around the clock to bring the city back on its ft. donna d'souza has the story. the sound of nails being hammered debris being cleared. this is tough about one month up to tackle heidi and cause a catastrophe villagers eager to get on with their lives by gathering materials to rebuild makeshift homes. the reminder of the lives lost has not gone
price, we understand the cnections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> schieffer: we're going to continue our look at nelson mandela legacy. gale king usually i'm on her set we're thrilled to have her with us on "face the nation." lorraine miller is an old friend of mine from way back in texas. she's now the interim head of the naacp we welcome her to the broadcast. gwen eifle moderator of "washington week" and michelle morris is the npr host and special correspondent and way up there in new york, rich stingle former managing editor of "time" magazine they have put out a special issue honoring mandela. rick also worked closely with nelson mandela on his biography wrote the book "mandela's way" i want to start with gale king, you came to know nelson mandela quite well. >> i actually did. i have to say that i am forever gra
government shutdown and do keep the spending caps in place and don't raise taxes at a time when the economy is still weak and i think we can accomplish that over the next couple days. >> one issue still being debated extending long-term unemployment benefits. last week house mortgage leader nancy pelosi said any deal must include an extension but dick durbin said that is not the case. >> i don't think we've reached that point where we said this is it take it or leave it. what i hear from patty murray, i spoke to her the other night negotiations are making progress, moving in the right direction. >> congress has scheduled to begin its break this friday and not return until january the 7th. >>> well, a week after that deadly commuter train wreck in new york officials are upgrading signals. the new signals are expected to be up and running this morning. of course, four people were killed last sunday when a metro north train hit a stretch of track at nearly three times the speed limit. metro north now reducing the maximum speeds at 26 locations across the system. an attorney for the engineer op
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